US retail sales rises 1.7% MoM in March driven by gas price spike due to the Iran war
A spike in gas prices due to the Iran war, now in its eighth week, resulted in a hefty 1.7% gain in retail sales in March after a revised 0.7% increase in February, according to the Commerce Department's report on Tuesday. The report marks the first read on spending to capture the effects of the Iran war.
Related News

Business
Eshan Malinga produces double strike to dismiss Nitish Rana and David Miller in SRH vs DC IPL 2026 clash | Watch video
18 minutes agoBusiness
Trump's Fed nominee Kevin Warsh calls for 'regime change' at Fed, new inflation approach
24 minutes ago
Business
Alan Osmond, eldest member of The Osmonds, dies at 76
26 minutes agoComments
Login to leave a comment